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FCA Publishes New Consumer Credit Information Sheets
The FCA has published new versions of the information sheets that consumer credit firms must use to accompany arrears and default notices. Firms are required to use the new versions from 27 July 2018.
Section 86A of the Consumer Credit Act 1974 requires Funders to include a copy of the relevant information sheet when notifying a consumer that they are in arrears or default. These information sheets are intended to help consumers by telling them about their rights and responsibilities, and where they can get help.
The new documents are available here.